Search

Enter search terms in the form below to search this site for information on specific topics.

Retirement Income Archives - Michael M. McDonough, Inc.
-1
archive,category,category-rip,category-91,bridge,bridge-core-1.0,ajax_fade,page_not_loaded,,vertical_menu_enabled,side_area_uncovered_from_content,qode-child-theme-ver-1.0.0,qode-theme-ver-18.0.9,qode-theme-bridge,wpb-js-composer js-comp-ver-5.7,vc_responsive
 

Retirement Income

Timing risk amplifies investment risk for those in the Retirement Red Zone, who are inherently in a precarious position in any market environment. The actual order and timing of returns has an outsized effect on portfolio value closer to retirement when wealth is at its apex. Meanwhile, anticipating and mitigating macro risks appear to be getting more difficult as the rate of change accelerates and the range of potential outcomes expands. Caveat...

Income planning is at the core of retirement planning, and retirees are looking for a reliable process to recreate a paycheck. My deep dive into the tools, tactics and processes of retirement income planning can guide you through healthcare, housing and lifestyle choices, implications for aging, while helping avoid mistakes, and drawing upon research-based approaches for monetizing assets over a retirement horizon of unknown duration....

Planning for retirement is a responsibility that causes financial anxiety for many. This is understandable. As the first generation to fund retirement predominantly via our investments, it is abundantly clear: we 'Baby Boomers' are increasingly "on our own" for retirement security. A good way to lessen anxiety is to develop a plan for managing financial risks, and a formal, written plan for creating your retirement income is a good place to begin....